Daily Archives: December 4, 2012

San Antonio Outlook Moderates on Lower Gas Prices

Labor market growth in San Antonio eased to a an average 1.9 percent annualized rate in Q2 and Q3, following a 5.1 percent spike in payrolls in the first quarter of the year. Even so, San Antonio remains well above … Continue reading

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North Texas Economy Solid Heading Into Year-End

Job growth in the Dallas-Fort Worth metroplex remained well above the U.S. average at the start of the fourth quarter. In October North Texas posted 2.3 percent year-over-year job growth, while the U.S. average stood at 1.5 percent. In another … Continue reading

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Houston Economy Growing and Broadening

Exploration activity for petroleum liquids remains very active. The price for West Texas intermediate crude oil has drifted down over the last year to near $85 per barrel, still an attractive price for drillers. The oil rig count for Texas … Continue reading

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Tech Boom Amps Austin Economy

Austin’s labor market continued to expand through the third quarter of 2012, driven by a robust local tech sector. The unemployment rate in Austin averaged 5.9 percent in Q3, 2.2 percentage points below the national rate during the same period. … Continue reading

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